GE To Hire 5,000 Veterans Over Next 5 Years

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

GE veterans jobsWASHINGTON (AP) -- General Electric Co. plans to hire 5,000 veterans over the next five years and invest $580 million to expand its aviation business.

The announcements Monday were part of a four-day event that the global conglomerate is hosting with partners in Washington, D.C., that focuses on issues such as manufacturing and job creation in America.

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GE CEO Jeffrey Immelt heads up President Obama's 27-member jobs council, which also includes AFL-CIO President Richard Trumka, AOL co-founder Steve Case and Facebook chief operating officer Sheryl Sandberg.

GE said Monday that its "Hiring Our Heroes" partnership will help match veterans with jobs. The company, whose products range from jet engines to light bulbs, will also team with the U.S. Chamber of Commerce to sponsor 400 veterans' job fairs this year. GE currently employs more than 10,000 veterans and has about 100 U.S. employee reservists currently serving overseas.

In addition, its aviation unit will add more than 400 new manufacturing jobs and open three new plants in Ellisville, Miss., Auburn, Ala., and Dayton, Ohio, next year. GE said that the plants are part of its efforts to create or rebuild 16 facilities and more than 12,000 new jobs. The company started production on its first new appliance line in more than 50 years last week at Appliance Park in Louisville, Ky.

The company expects to double its number of engineering interns to more than 5,000 as part of the President's Council on Jobs and Competitiveness initiative to graduate 10,000 more engineers a year in the U.S. GE says this often leads to jobs, as 80 percent of its full-time engineers have been hired from the internship program. It has more than 19,000 engineers on staff.

It also plans pilot programs to reduce health care costs in Louisville, Ky. and Erie, Pa. Those programs are an expansion of efforts that began in 2009 in the greater Cincinnati area that led to more than 100 new primary care centers, fewer emergency room visits and hospital admissions and decreased health care costs per GE employee after two years.

GE, which is based in Fairfield, Conn., also plans to open several manufacturing training centers in locations such as Houston and Cincinnati to help build job skills.



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MIKEY'S SCREEN

Hey....GE....Come to Merced, CA.. We have the old Castle Air Force Base here with one of the countries longest runways and, because the Castle CEO/County Supervisors don't know how to recruit businesses, you can probably take advantage of the tax loops and low tax base. It's yours for the taking (oooppp's. Forgot to tell ya that, being California, you will probably get screwed in the end, just like the other businesses that tried to relocate here). No wonder we have one of the nation's highest unemployment rates

February 14 2012 at 1:01 AM Report abuse +1 rate up rate down Reply
bjw367

Quote from the "GE Citizenship" page on the web...."Talent is the lifeblood of any organization, and GE views employees as its highest-priority resource. While GE’s people number nearly 300,000—with more than half located outside the United States— quality is always a more important measure than quantity. Maintaining the right environment for employees is essential to keeping this quality at the highest levels" What???? Has any one bought GE timers made in China?
The employee ratio roughly 58% plus of GE's employees are employed overseas. How many in China...tough to find out. Another problem...if GE outsources the manufacture of components of products to Chinese firms, the employees of those firms making GE parts are not GE employees!

February 14 2012 at 12:30 AM Report abuse +1 rate up rate down Reply
1 reply to bjw367's comment
dknowles60

thats the least they could since they got a gov bailout

February 14 2012 at 12:52 AM Report abuse +1 rate up rate down Reply
vinkbear

It's a start. Since they didn't pay any taxes in 2010, the least they can do is actually be "jobs creators".

February 13 2012 at 11:24 PM Report abuse rate up rate down Reply
1 reply to vinkbear's comment
knarf714

They did pay taxes in 2010, that story was proven to be false over a year ago. GE currently employes over 50,000 people in the USA.

February 14 2012 at 12:08 AM Report abuse rate up rate down Reply
doug

Good for GE, though they could do more. As noted below they have shipped many jobs overseas, something that most of the time is not necessary. As for hiring vets, it is my firm opinion that all other things being equall, the vet should be hired first. It is good for the vets and it will be good for the company.

February 13 2012 at 10:23 PM Report abuse +1 rate up rate down Reply
more30

I'm all for getting our citizens back to work but it should not be just for SOME but for everyone. GE needs to think about ALL of America since if we dont have disposable income, we can't afford to purchase their products.

February 13 2012 at 10:22 PM Report abuse rate up rate down Reply
rwikert

The question is Vets from what country? GE has shipped tens of thousands of jobs overseas so what country's Vets will get these jobs?

February 13 2012 at 9:00 PM Report abuse +2 rate up rate down Reply
2 replies to rwikert's comment
alycemd

If you can't figure that out, you're hopeless.

February 13 2012 at 11:48 PM Report abuse +1 rate up rate down Reply
knarf714

They still employ over 50,000 people in the US.

February 14 2012 at 12:09 AM Report abuse rate up rate down Reply
MISS KATHY

I will be buying more GE items. God Bless America :)

February 13 2012 at 8:59 PM Report abuse +3 rate up rate down Reply
1 reply to MISS KATHY's comment
ssnugsbug

I will never (knowingly) buy GE products again no matter what they do. If they have 5000 jobs, they should be open to all applicants within the US. It's nice to hire vets, yes, but not when there are so many others also in need of a job.

February 13 2012 at 10:21 PM Report abuse -1 rate up rate down Reply
4 replies to ssnugsbug's comment
lletraw

Very good, GE. Since the GOP has blocked virtually all of President Obama's jobs bills, it's nice to see some organization helping.

February 13 2012 at 8:27 PM Report abuse -1 rate up rate down Reply
1 reply to lletraw's comment
dknowles60

the kobs are stuck on reids desk

February 14 2012 at 12:54 AM Report abuse rate up rate down Reply
Kate

coonsmellsour: you smell pretty sour yourself. That was an obnoxious comment. Obviously vets differ, as do any people, but most vets are extremely hard working and courageous, or they would not have enlisted in the first place. I was going to say that GE, as a huge coporation, could surely employ more than 1,000 people a year, but I got side tracked by your offensiveness.

February 13 2012 at 8:22 PM Report abuse +3 rate up rate down Reply
Flicka DiMare'

I love vets. I love the military and honor them, but we already have unemployment out the wazoo. Just where are they going to create these new jobs and if they are out there, why are so many on unemployment?

February 13 2012 at 7:41 PM Report abuse rate up rate down Reply

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